{"id":125006,"date":"2019-10-30T12:50:43","date_gmt":"2019-10-30T12:50:43","guid":{"rendered":"https:\/\/armbanks.am\/2019\/10\/30\/248858\/"},"modified":"2024-12-15T13:39:11","modified_gmt":"2024-12-15T13:39:11","slug":"total-capital-of-armenia-based-commercial-banks-increase-to-818-6-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2019\/10\/30\/125006\/","title":{"rendered":"Total capital of Armenia-based commercial banks increase to 818.6 billion drams"},"content":{"rendered":"\n<p><strong>YEREVAN, October 30. \/AR\u041a\u0410\/. <\/strong>The total capital of 17 Armenia-based commercial banks in the first 9 months of 2019 increased by 6.2% or 47 billion drams amounting to 818.6 billion drams, the executive director of the Union of Banks of Armenia Seyran Sargsyan told reporters on Wednesday.<br> According to him, in the third quarter alone the total capital of the banks increased by 3.8% or by 29 billion drams.<\/p>\n\n\n\n<p>He also said that the banks&#8217; assets in the first 9 months amounted to 5.395 trillion drams, having grown by 2.6% or 139 billion drams in the third quarter.  The growth in the first 9 months was 8.7% or 432 billion drams.<\/p>\n\n\n\n<p>&#8220;In 2009, the assets of the banks were worth 1.3 trillion drams. Now, ten years later, we can say they have increased by more than 4 times,&#8221; Sargsyan said.<\/p>\n\n\n\n<p>He also recalled that in 1993 there were 53 banks in Armenia, while now there are 17 banks, but their total assets have grown sharply. <\/p>\n\n\n\n<p>&#8216;The growth of assets along with the reduction in the number of banks means the expansion and strengthening of banks,&#8221; Sargsyan said.<\/p>\n\n\n\n<p>He said the banks&#8217; total liabilities amounted to 4.576 trillion. drams, having increased by 6.4% or 192.9 billion drams in the third quarter, and by 12.4% or 351 billion drams from the start of the year.<br>\n($1 &#8211; 476.15 dram). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total capital of 17 Armenia-based commercial banks in the first 9 months of 2019 increased by 6.2% or 47 billion drams amounting to 818.6 billion drams<\/p>\n","protected":false},"author":1,"featured_media":190696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12211,12790,468],"class_list":{"0":"post-125006","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-capital","11":"tag-commercial-banks","12":"tag-468"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/125006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=125006"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/125006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/190696"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=125006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=125006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=125006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}